$5,759 Closing Credit*
$485,000
1,752 SqFt
2 Beds
•1 Full Bath
Alex Cristurean, Alexis Buturoaga, Listing Office: RE/MAX Equity Group
Is 97211, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 97211 has remained a Seller's Market.
Key Takeaway
97211 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 97211, OR
How much do homes in 97211, OR cost?
Median Sold Price
$580,300
$321/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$1,633(+0.3%)
Key Takeaway
The sold price of homes in 97211 has remained the same since last year.
Summary: The median home sold price in 97211 was $580,300 in November 2024, up 0.3% from last year, and the median price per square foot was $321.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $291.2K | $299K | +2.7% |
| 2 Bedrooms | $478.5K | $475K | -0.7% |
| 3 Bedrooms | $574.5K | $590K | +2.7% |
| 4 Bedrooms | $725K | $722.5K | -0.3% |
| 5+ Bedrooms | $814.5K | $797.5K | -2.1% |
Summary: 97211 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.7%, 2 bedroom homes decreased by 0.7%, 3 bedroom homes increased by 2.7%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes decreased by 2.1%.
Housing Supply in 97211, OR
How many homes are available in 97211, OR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 137 | 124 | -9.5% |
Summary: The 97211 real estate market had 124 homes for sale in November 2024, a 9.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 41 | 39 | -4.9% |
| 3 Bedrooms | 55 | 49 | -10.9% |
| 4 Bedrooms | 30 | 25 | -16.7% |
| 5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The 97211 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 4.9%, 3 bedroom homes decreased by 10.9%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 | 39 | +44.4% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 97211, you could pay more than the asking price. 43.6% of homes here sold above asking price last month.
Summary: A total of 39 homes were sold or pending in 97211 in November 2024, up by 44.4% month-over-month. Of the 39 sold homes, 33% were sold under asking, 23% were sold at asking, and 44% were sold over asking.
Days on Market for 97211, OR
How long does it take to sell a home in 97211, OR?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 29 Days | 30 Days | +2.4% |
Summary: Homes in 97211 had an average of 30 days on market in Nov 2024, up by 2.4% compared to last year.
Breakdown of Home Sale Times
28 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 97211 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 39 homes were sold in 97211; 72% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.